Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.022%

Price spread now: RISEx against Aster−0.080%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Aster Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.058%+$6 on $10k

Price spread, last 7 days−0.024%−$2 · spread now −0.080%, 7d avg −0.054%

Together, before fees+0.034%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.026% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.054%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.058%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LITUSDT	4.7210	0.0100	pay 0.0050% / 4h	2h 29m	$12.6M	$2.1M	50x
Short	RISEx LIT/USDC	4.7172	0.0081	get 0.0010% / 1h	29m 11s	$786K	$2.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee RISExbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$4.06
Price spread: −0.080% → −0.054%: −$2.6
Slippage, 4 orders: −$10.81
Fee Aster: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$31.47
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; RISEx: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 5 min ago	2.44 bp	8.4 bp −$8	19.4 bp −$194	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	1.59 bp	4.7 bp −$5	19.0 bp −$190	doesn't fit	doesn't fit

LIT on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0753%	1h	4.7119	−0.192%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0624%	1h	4.7068	−0.301%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0466%	4h	4.7068	−0.301%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0452%	1h	4.7130	−0.170%	$85K	$73K	20x	as long as short
ApeX Omni LITUSDT	−0.0193%	1h	4.7040	−0.360%	$56K	$77K	50x	as long as short
Gate LIT_USDT	−0.0190%	4h	4.7150	−0.127%	$2.8M	$4.3M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0153%	4h	4.7174	−0.077%	$25.6M	$63.7M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0152%	4h	4.7010	−0.424%	$904K	$1.8M	10x	as long as short
KuCoin LITUSDTM	−0.0142%	4h	4.7186	−0.051%	$5.3M	$1.1M	30x	as long as short
Phoenix LIT	−0.0102%	1h	4.7072	−0.293%	$203K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	−0.003%	$668K	$372K	50x	as long as short
Phemex LITUSDT	−0.0060%	4h	4.7110	−0.212%	$1.4M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0042%	1h	4.7260	+0.106%	$682K	$1.4M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7282	+0.152%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7168	−0.089%	$472	—	150x	as long as short
Bulk LIT-USD	+0.0030%	1h	4.6912	−0.633%	$117K	$1K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.758%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0033%	8h	4.7147	−0.133%	$7K	$2K	5x	as long as short
SoDEX LIT-USD	+0.0051%	1h	4.7130	−0.170%	$1K	$450K	5x	as long as short
Bybit LITUSDT	+0.0062%	4h	4.7133	−0.163%	$42.2M	$29.2M	75x	as long as short
RISEx LIT/USDCshort	+0.0081%	1h	4.7172	−0.080%	$786K	$2.0M	5x
Lighter LIT	+0.0096%	1h	4.7207	−0.007%	$59.1M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7220	+0.021%	$3.7M	$13.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7165	−0.096%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7199	−0.024%	$211.2M	$43.9M	5x	as long as short
Aster LITUSDTlong	+0.0100%	4h	4.7210	long leg	$12.6M	$2.1M	50x
Pacifica LIT	+0.0100%	1h	4.7183	−0.058%	$585K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7110	−0.212%	$75.2M	$80.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7140	−0.149%	$117K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7121	−0.189%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7210	0.000%	$6.7M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7048	−0.343%	$286K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7142	−0.144%	$446K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7171	−0.083%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7150	−0.127%	$5K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7128	−0.174%	$189K	$354K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7103	−0.228%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7127	−0.176%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0274%	1h	4.7087	−0.261%	$9K	$211K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0406% / S −0.0199%	1h	4.7176	−0.072%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7173	−0.078%	$31K	$860K	33x	as long as short